Ben van Beurden and Pekka Vauramo Nominated for Election to Barrick Board of Directors

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has nominated Ben van Beurden and Pekka Vauramo for election to its Board of Directors at the company's Annual and Special Meeting of Shareholders on May 6, 2025.

Ben van Beurden, former chief executive of Shell, brings four decades of global experience in the energy and natural resources sectors. At Shell, he led the company's strategic transformation from an oil-focused business to a diversified energy leader, with a strong emphasis on natural gas and renewable energy investments. This transformation placed Shell among the top quartile of investors in energy transition. Mr. van Beurden is recognized for his strategic decision to simplify Shell's shareholding structure and consolidate the company's headquarters in London, benefiting shareholders and streamlining the organization. In addition to his leadership at Shell, Mr. van Beurden currently serves as senior advisor of energy transition investments at KKR, is an independent member of the Board of Supervisors of Mercedes-Benz Group AG and was recently elected chairman of Clariant, a Swiss listed multinational specialty chemicals company.

Pekka Vauramo brings a wealth of leadership experience from the mining, logistics and services sectors. Most recently he served as chief executive of Metso, where he played a key role in the successful merger with Outotec in 2020, creating a leader in sustainable technologies for the aggregates, minerals processing and metals refining industries. Under his leadership, Metso Outotec strengthened its market position by divesting non-core assets, acquiring competitors and focusing on improving culture, customer satisfaction and profitability. Mr. Vauramo also served as CEO of Finnair, where he oversaw a significant financial turnaround and expanded the airline's reach into new Asian markets. His experience spans leadership roles at Cargotec, Sandvik and Outokumpu, where he honed his expertise in the mining sector, particularly in base metals. Additionally, Mr. Vauramo has extensive board experience, currently serving as chairman of the boards of Huhtamaki Oyj and Valmet Oyj, and as a member of the board of Nokian Renkaat Oyj, all Finnish listed companies.

Barrick chairman John Thornton said Messrs. van Beurden and Vauramo would bring valuable insights to the Board's deliberations. "Both bring exceptional leadership, a global perspective and deep industry knowledge that will be instrumental in driving Barrick's strategy forward. Their expertise in sustainable business practices, operational excellence and global market understanding will support our commitment to delivering long-term value to shareholders, while maintaining our leadership in responsible mining."

Enquiries

Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com

Website: www.barrick.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ABX:CA
The Conversation (0)

Barrick Gold

Barrick Gold Corp is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment. Geographically, it derives a majority of revenue from the United States.

Wooden blocks spelling "tariffs" on a US flag background, with "Weekly Editor's Picks" text.

Editor's Picks: Gold Hits Another New High, Then Takes Tariff Turmoil Blow

The gold price surged this week, rising to yet another new all-time high of more than US$3,160 per ounce ahead of tariff updates from US President Donald Trump.

The yellow metal's latest move follows a strong Q1, during which it continually hit new records amid widespread uncertainty and achieved its best quarterly performance since 1986.

However, Trump's Wednesday (April 2) tariff announcement took some of the wind out of gold's sails. While it showed resilience on Thursday (April 3), rebounding back above US$3,100 after falling below that level, the yellow metal lost substantial ground on Friday (April 4), sinking to just above US$3,020.

Keep reading...Show less

Future-Focused Barrick Sets Sights on 30% Production Growth by 2030

Having laid the foundation to build the world's most valued gold and copper company, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is now advancing its portfolio of growth projects to support a planned 30% growth in gold equivalent ounces by the end of the decade 1 says chairman John Thornton.

In the company's 2025 Information Circular, published today and available at www.barrick.com/agm as well as filed on SEDAR+ ( www.sedarplus.ca ) and EDGAR ( www.sec.gov ), Thornton said that despite a challenging operating environment, Barrick delivered on the goals it set for 2024, meeting its gold and copper production guidance and maintaining its unmatched record of reserve replacement while adding substantially to its resource base.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Jim Thorne, gold bars.

Jim Thorne: US$5,000 Gold by 2028? "Crazy Phase" Still to Come

Jim Thorne, chief market strategist at Wellington-Altus, discusses which assets investors should focus on in today's tumultuous environment.

He sees promise in gold and silver, as well as Bitcoin and the artificial intelligence sector.

Keep reading...Show less

Abcourt Closes Initial Tranche Non-Brokered Private Placement for Gross Proceeds of $1,668,040

NOT   FOR   DISTRIBUTION   TO   U.S.   NEWS   WIRE   SERVICES   OR   DISSEMINATION   IN   THE   UNITED   STATES.

Abcourt Mines Inc. (" Abcourt " or the " Corporation ") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private, for gross proceeds of $1,668,040 (the " Offering ") from the sale of the following:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Walker Lane Resources Ltd. Provides Further Clarification on Its Recent Press Release of April 3,2025

Walker Lane Resources Ltd. Provides Further Clarification on Its Recent Press Release of April 3,2025

Walker Lane Resources Ltd. (TSX-V: WLR, "Walker Lane") is at the request of CIRO Walker Lane wishes to retract certain information in its press release dated April 3, 2025 entitled "Walker Lane Resources Ltd. Notes Unusual Trading Activity and the Development of its new Website ("the news release").

In this regard, we provide clarification regarding certain statements and/or related actions:

Keep reading...Show less
Walker Lane Resources Ltd. Notes Unusual Trading Activity and the Development of its New Website

Walker Lane Resources Ltd. Notes Unusual Trading Activity and the Development of its New Website

Walker Lane Resources Ltd. (TSX-V: WLR, “Walker Lane”) announces that there has been unusual trading activity of its common shares that appeared to initiate on March 27, 2025 and appears to have occurred on each subsequent TSX-V trading day to current day. The recent stock trading activity does not reflect the health of our business or the recent significant value added assets to the property portfolio and adds to the previous undervaluation of the assets that were noted in a research report completed by Fundamental Research Corporation (see CMC Metals Ltd. press release - January 15, 2025). Management considers that some recent market transactions of its common shares could be an organized type of short selling tactic as we cannot determine any other explanation for the unusual downside trading activity.

Keep reading...Show less

Latest Press Releases

Related News

×